Get Custom Quotes, Info & More from Multiple Providers At Once.
October 1, 2021

Grayscale Adds Solana and Uniswap To Its Digital Large Cap Fund For First Time

**October 1, 2021 **- The world's largest digital currency asset manager, Grayscale Investments, the manager of both Grayscale® Digital Large Cap Fund and Grayscale® DeFi Fund, today announced the updated Fund Component weightings for each product in connection with their respective quarterly reviews, revealing that Solana (SOL) has been added to the Digital Large Cap Fund, the first time any Grayscale investment vehicle has added this token. Also, the Uniswap token has been added to the Digital Large Cap Fund for the first time.

In accordance with the Digital Large Cap Fund’s construction criteria, Grayscale has adjusted the Digital Large Cap Fund’s portfolio by selling certain amounts of the existing Fund Components in proportion to their respective weightings and using the cash proceeds to purchase Solana (SOL) and Uniswap (UNI). This announcement follows the July 2021 news that Grayscale adjusted the Digital Large Cap Fund’s portfolio and purchased Cardano (ADA).

Solana (SOL)

SOL is the native token of the Solana network, a smart contract platform first conceived by Anatoly Yakovenko in a 2017 whitepaper. Like the Ethereum network, the Solana network is one of a number of projects intended to expand blockchain use beyond just a peer-to-peer money system. The Solana protocol introduced the Proof-of-History (PoH) consensus mechanism as an alternative to pure Proof-of-Stake (PoS) and Proof-of-Work (PoW) blockchains like Ethereum. PoH is intended to provide a transaction processing speed and capacity advantage over traditional PoW and PoS networks, which rely on sequential production of blocks and can lead to delays caused by validator confirmations.

Uniswap (UNI)

UNI is the native token of the Uniswap network, a decentralised exchange originally conceived in 2016 by Vitalek Buterin, the creator of Ethereum, and later developed in 2018 by Hayden Adams and Uniswap Labs. Uniswap enables trading of digital assets without a central order book by aggregating digital asset trading pairs using smart contracts. On Uniswap, users exchange digital assets with one another by paying a transaction fee to independent market makers called liquidity providers. Holders of UNI have the ability to propose and vote on improvement proposals to adjust features of the Uniswap network.

At the end of the day on October 1, 2021, the Digital Large Cap Fund’s Fund Components were a basket of the following assets and weightings:

Bitcoin (BTC), 62.19% Ethereum (ETH), 26.08% Cardano (ADA), 5.11% Solana (SOL), 3.24% Uniswap (UNI), 1.06% Chainlink (LINK), 0.82% Litecoin (LTC), 0.77% Bitcoin Cash (BCH), 0.73%

No new tokens were added or removed from the** DeFi Fund**. At the end of the day on October 1, 2021, the DeFi Fund’s Fund Components were a basket of the following assets and weightings:

Uniswap (UNI), 45.20% Aave (AAVE), 14.11% MakerDAO (MKR), 7.84% SushiSwap (SUSHI), 7.18% Compound (COMP), 6.73% Synthetix (SNX), 6.29% Yearn Finance (YFI), 3.92% Curve (CRV), 3.53% Bancor Network Token (BNT), 3.04% UMA Protocol (UMA), 2.16%

Neither the Grayscale Digital Large Cap Fund nor the Grayscale DeFi Fund generate any income, and both regularly distribute Fund Components to pay for ongoing expenses. Therefore, the amount of Fund Components represented by shares of each fund gradually decreases over time.

Require Some Guidance in Finding The Right Provider?

Let One of Our Experts Help!

Use the LiquidityFinder Match Matrix to find the right provider for your electrionic trading business!

Get Started


LiquidityFinder was created to take the friction out of the process of sourcing Business to Business (B2B) liquidity; to become the central reference point for liquidity in OTC electronic markets, and the means to access them. Our mission is to provide streamlined modern solutions and share valuable insight and knowledge that benefit our users.

If you would like to contribute to our website or wish to contact us, please click here or you can email us directly at

Be First To Comment.
Featured News on LiquidityFinder
Latest News on LiquidityFinder

To personalize content, provide a optimal experience, tailor and measure engagement; the browsing, navigating and the continous use of this website means you agree to the Terms of Service, Privacy Policy & Security Policy of this website. Your choices on this website will be applied globally throughout the website.

LiquidityFinder & Our Partners

Your behavior, data and actions may be utilized to offer you optimal connections and services by approved and suitable providers fitting your account requirements and website actions. When contacting providers or initiating a provider request, match matrix or expert match review we may share necessary data to evaluate your compatability with our connected partners and suitable providers.